Broodmare Lease Agreement Form


2. CONCLUSION OF THE LEASE. When preparing the form, make sure that the following information is complete and accurate: 1. GENERAL. These forms have been prepared to be complete, but cannot respond to every circumstance or situation. In addition, these forms are not specific to national law, but usually with full language to help the parties to the transaction remember their agreement and define their rights and obligations. Leasing a horse is sometimes a reasonable alternative to buying or selling. Under a rental agreement, the tenant has the exclusive right to use and enjoy a horse for a certain period of time or until the owner requests the return of the horse. The lessee sometimes pays a rental fee to the lessor, but this is often a “free lease”, which means that there is no fee to pay if the tenant takes care of the horse and pays all the costs. A documented “free lease” avoids the risk that the tenant, when taking possession, interprets the agreement as a gift from the horse. The paper version of the rental agreement contains 2 contracts – one for the landlord and tenant, so each keeps a signed original. There is an expense for each state and territory of Australia.

The person entering into the lease must choose the edition in which he resides, which is important if the landlord and tenant do not reside in the same state or territory. Purpose of this contract – Documentation of a tenancy agreement between the owner (owner) of the horse and the person who temporarily takes possession of the horse (tenant). The parties are able to adapt the rental agreement themselves by integrating the agreed special requirements into the rental plan. This contract deals with the contingencies and risks that may result from the coverage of a mare or breeding by artificial insemination. He ensures a breeding of the mare, then their return to the owner. The parties are able to adapt the rental agreement themselves by integrating the agreed special requirements into the rental plan. Of course, we can adapt the contract to unique breeding arrangements for an additional fee, such as for example. B the tenant`s requirement to return the mare in the foal. The obligation to take out insurance against veterinary expenses, mortality and loss of use of the horse is an issue that the parties must take into consideration and resolve by integrating their own particular condition into the lease plan. The rental agreement covers all practical issues that arise during the term of a rental agreement, including the disclosure of strength issues and defects in advance, special requirements for the maintenance of the horse, the authorized use of the horse, liability for veterinary expenses, liability if the horse dies or injures itself and consequences if the renter violates the rental agreement. . .